The public cloud supply chain contributed almost $500bn to the European market - IDC

The analyst said adoption has spiked over the course of the pandemic with rising digitisation across organisations

Kelsey Rees
clock • 1 min read
The public cloud supply chain contributed almost $500bn to the European market - IDC

The European public cloud market continues to grow at double-digit pace, with organisations investing in public cloud solutions to support their digitisation, according to a new report from IDC. The analyst estimates the public cloud supply chain contributed almost $500bn (€441bn) to European GDP, 2.7 per cent of total European GDP in its Public Cloud's Contribution to the European Economy: A Macroeconomic Approach report. IDC said this has significantly increased over the past two years,...

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